Credits for new clean vehicles purchased in 2023 or after
WEBYou may qualify for a credit up to $7,500 under Internal Revenue Code Section 30D if you buy a new, qualified plug-in EV or fuel cell electric vehicle (FCV). The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032.
Clean vehicle tax credits - Internal Revenue Service
WEBFind out if your electric vehicle (EV) or fuel cell vehicle (FCV) qualifies for a tax credit based on type, purchase date and business or personal use.
Credits for new electric vehicles purchased in 2022 or before
WEBIf you bought a new, qualified plug-in electric vehicle (EV) in 2022 or before, you may be eligible for a clean vehicle tax credit up to $7,500 under Internal Revenue Code Section 30D.
Clean vehicle and energy credits - Internal Revenue Service
WEBClean vehicle credits. Determine whether your purchase of an electric vehicle (EV) or fuel cell vehicle (FCV) qualifies for a tax credit. Find more information on the clean vehicle credits for individuals, businesses and manufactures: New vehicles bought 2023 or after; New vehicles bought 2022 or before; Used vehicles; Commercial vehicles
Qualifying clean energy vehicle buyers are eligible for a tax credit …
WEBOct 6, 2023 · If you buy a new or used clean energy vehicle, you may qualify for a non-refundable tax credit. Visit FuelEconomy.gov for a list of qualified vehicles. Qualified two-wheeled plug-in electric vehicles may also be eligible for this credit.
Manufacturers and models for new qualified clean vehicles …
WEBIf you bought a new, qualified plug-in electric vehicle (EV) between 2010 and 2022, you may be eligible for a new electric vehicle tax credit up to $7,500 under Internal Revenue Code Section 30D.
Topic A — Frequently asked questions about the eligibility rules …
WEBJul 26, 2024 · The Inflation Reduction Act of 2022 (IRA) makes several changes to the tax credit provided in section 30D of the Internal Revenue Code (Code) for qualified plug-in electric drive motor vehicles, including adding fuel cell vehicles to the section 30D tax credit.
Used Clean Vehicle Credit - Internal Revenue Service
WEBBeginning January 1, 2023, if you buy a qualified used electric vehicle (EV) or fuel cell vehicle (FCV) from a licensed dealer for $25,000 or less, you may be eligible for a used clean vehicle tax credit. The credit equals 30% of …
Topic B — Frequently asked questions about income and price …
WEBDec 29, 2022 · The Inflation Reduction Act of 2022 (IRA) makes several changes to the tax credit provided in section 30D of the Internal Revenue Code (Code) for qualified plug-in electric drive motor vehicles, including adding fuel cell vehicles to the section 30D tax credit.
How to claim a clean vehicle tax credit - Internal Revenue Service
WEBA step-by-step guide for claiming clean vehicle tax credits, including how to make sure you get a time-of-sale report that documents your purchase.